Tim Sweeney
Reporting and statements that mention Tim Sweeney.
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Sony closes first-party studio Dark Outlaw Games
Sony Interactive Entertainment has shut down its first-party studio Dark Outlaw Games, founded by industry veteran Jason Blundell. The company cited strategic adjustments for long-term sustainability, which included workforce reductions. Separately, Epic Games announced layoffs of over 1,000 employees due to a downturn in Fortnite engagement and broader industry challenges.
Fortnite Layoffs Included Artist Who Designed Jonesy, The Face Of The Game
Epic Games has conducted layoffs affecting approximately 1,000 employees, including the character artist who designed Fortnite's iconic character Jonesy. The company cited a downturn in engagement since 2025 and a need for cost savings, leading to a $500 million plan that includes scaling back projects like Rocket Racing and Fortnite Festival. Affected employees will receive severance pay and extended healthcare coverage.
Fortnite Developer Says They Have to “Pick Up the Pieces and Keep Moving Forward” After Lay-Offs
Epic Games has undergone significant layoffs, impacting over 1,000 employees due to a downturn in Fortnite's performance. CEO Tim Sweeney cited spending exceeding revenue as the reason for the cuts, aiming to stabilize the company. In addition to layoffs, Epic Games is shutting down three Fortnite game modes: Rocket Racing, Ballistic, and Festival Battle Stage.
Epic Games Lays Off 1,000 Employees as Fortnite Engagement Declines — Too Much Gaming | Video Games Reviews, News, & Guides
Epic Games has laid off over 1,000 employees, primarily from its Fortnite division, due to a significant downturn in player engagement and declining revenue. CEO Tim Sweeney announced the cuts, citing industry-wide challenges and internal issues with consistently delivering fresh Fortnite content. Additionally, several Fortnite game modes, including Rocket Racing, Ballistic, and Festival Battle Stage, are being shut down due to low player retention.
Epic Lays Off 1,000 Following Fortnite Dropoff
Epic Games is laying off 1,000 employees due to declining Fortnite engagement and rising operational costs. CEO Tim Sweeney stated that the company is spending more than it earns, necessitating significant cuts to ensure financial stability. The company plans to focus on developing new Fortnite experiences and advancing its Unreal Engine technology.
After Raising the Price on V-Bucks, Epic Games is Laying Off Over 1000 Employees | Console Creatures
Epic Games CEO Tim Sweeney announced over 1,000 employees are being laid off, citing lower-than-expected engagement for live-service games in 2025 and broader industry challenges. This follows a price increase for V-bucks and previous layoffs in 2023. The company is also shutting down modes like Rocket Racing and Fortnite Festival.
Epic Games is laying off more than 1,000 employees just weeks after raising Fortnite V-Buck prices 'to help pay the…
Epic Games is laying off over 1,000 employees, citing a downturn in Fortnite engagement and broader economic factors. CEO Tim Sweeney confirmed the decision in a memo to staff, attributing the cuts to spending significantly more than the company is earning. This news follows a recent increase in Fortnite's V-Bucks prices.
Epic Games Lays Off Over 1,000 Employees Amid Fortnite Slowdown and Industry Pressure
Epic Games has laid off over 1,000 employees due to declining Fortnite engagement and broader industry pressures, as confirmed by CEO Tim Sweeney. The company is implementing significant cost reductions and addressing challenges in maintaining consistent seasonal content for Fortnite. These layoffs are framed as a financial correction, not related to AI adoption, while Epic continues to invest in Unreal Engine and developer tools.
Epic kills 3 Fortnite modes amid mass layoffs, including the Rocket League devs' Mario Kart-like which helped kick off the multi-game metaverse era to begin with
Epic Games has announced significant layoffs affecting over 1,000 employees and is shutting down three Fortnite game modes: Rocket Racing, Ballistic, and Battle Stage. CEO Tim Sweeney cited a "downturn in Fortnite engagement" as the reason for the workforce reduction. Rocket Racing was a key component of Epic's initial metaverse strategy.
Fortnite popularity slips so much Epic Games lays off 1,000 staff
Epic Games has announced further layoffs, cutting 1,000 employees, citing a decline in Fortnite's engagement and increased spending. This follows a similar round of layoffs and V-Bucks price increases in 2023. Several Fortnite game modes, including Ballistic and Battle Stage, will be shut down in April, with Rocket Racing to follow in October.
Fortnite dalar – 1 000 får sparken från Epic
Epic Games is laying off over 1,000 employees due to declining engagement and revenue from Fortnite. CEO Tim Sweeney stated that the game costs significantly more to operate than it earns, necessitating major cost-cutting measures. The company plans to focus on improving Fortnite content and developing new tools, mentioning a potential shift to Unreal Engine 6.
Epic Games lays off more than 1,000 employees: 'We're spending significantly more than we're…
Epic Games has laid off over 1,000 employees due to ongoing financial challenges, with CEO Tim Sweeney citing a significant spending deficit and a slump in Fortnite engagement since 2025. Sweeney mentioned that while some issues are industry-wide, others are specific to Epic's struggles in consistently delivering engaging Fortnite seasons.
Epic Games Has Laid Off Over 1,000 Employees
Epic Games has laid off over 1,000 employees due to a significant drop in Fortnite engagement since 2025, leading to the company spending more than it earns. CEO Tim Sweeney stated the layoffs are necessary to keep the company funded and are not related to AI. The company plans to focus on improving Fortnite experiences and advancing its Unreal Engine technology.
Epic Lays Off Over 1000
Epic Games has announced over 1000 layoffs, according to a company-wide note from CEO Tim Sweeney. The decision is attributed to a downturn in Fortnite engagement that began in 2025, impacting the company's financial projections.
Epic is laying off more than 1,000 workers, citing a downturn in Fortnite engagement
Epic Games is laying off over 1,000 employees, citing a significant downturn in Fortnite engagement and a need to cut costs. CEO Tim Sweeney stated that the company is spending more than it makes, necessitating major workforce reductions to ensure financial stability. The layoffs come alongside the discontinuation of three Fortnite modes: Rocket Racing, Fortnite Ballistic, and Festival Battle Stage.
Epic Games lays off 1000 devs thanks to Fortnite’s slump and Epic Games Store overspending
Epic Games has laid off over 1000 employees due to a downturn in Fortnite engagement and overspending on the Epic Games Store. CEO Tim Sweeney cited industry-wide challenges and internal issues, while confirming severance packages for affected staff. Several Fortnite modes are also being discontinued.
Epic Games just laid off over 1,000 people
Epic Games CEO Tim Sweeney announced that over 1,000 employees are being laid off due to a significant downturn in Fortnite engagement starting in 2025, leading to the company spending more than it makes. These layoffs are not related to AI development, and the company is implementing cost-saving measures across various departments. Affected employees will receive severance packages, extended healthcare, and accelerated stock options.
Fortnite maker Epic cuts over 1,000 jobs as battle royale suffers slump - "We're spending significantly more than we're making"
Epic Games is laying off over 1,000 employees due to a significant downturn in Fortnite's engagement, leading to the company spending more than it earns. CEO Tim Sweeney stated the cuts are necessary to keep the company funded and are not related to AI development. The company is also implementing cost-saving measures across contracting and marketing.
Epic Games Cuts Over 1,000 Jobs Weeks After Raising Fortnite V-Bucks Prices
Epic Games has announced layoffs affecting over 1,000 employees and a $500 million cost-cutting initiative due to a downturn in Fortnite engagement starting in 2025. CEO Tim Sweeney cited industry-wide challenges and unique company issues for the decision, assuring affected employees of severance and benefits. This follows a recent increase in V-Bucks prices and similar layoffs in 2023.
"I'm sorry we're here again," says Epic Games CEO as Fortnite maker lays off over 1000 employees
Epic Games CEO Tim Sweeney announced layoffs affecting over 1000 employees, citing industry-wide challenges and a decline in Fortnite's popularity since 2025. The company is also implementing significant cost-saving measures across various departments to ensure financial stability.
